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Bugatti Rimac is a joint venture headquartered in Sveta Nedelja, Croatia, known for the car brands Bugatti and Rimac. [2] The two brands were united under the business decision of Porsche, giving control of Bugatti to Mate Rimac and in return receive more share in Rimac Group, which includes Rimac Technology, a company that develops batteries and powertrains.
The company makes a variety of two-seater and track-only cars. The original Bugatti automobile brand was established by Ettore Bugatti (1881–1947) in 1909 at Molsheim and built sports, racing and luxury cars. In November 2021, the company became part of Bugatti Rimac, a joint venture between Rimac Group and Porsche AG. [3]
Rimac's first car was a converted 1984 BMW M3 called the Rimac e-M3, nicknamed the "Green Monster" by the designers working for the company. With a 0–100 km/h (62 mph) acceleration achieved in 3.3 seconds, it earned the title of fastest-accelerating electric vehicle in Category A, Group VIII (electric vehicle) and Class 3 (over 1,000 kg) in 2011.
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The joint venture between Croatian electric carmaker Rimac and Bugatti has been far more profitable than anticipated as the two brands work on developing vehicles together under one roof, Rimac's ...
The company was founded in 1909 in the then-German city of Molsheim, Alsace, by the Italian-born industrial designer Ettore Bugatti. The cars were known for their design beauty and numerous race victories. Famous Bugatti automobiles include the Type 35 Grand Prix cars, the Type 41 "Royale", the Type 57 "Atlantic" and the Type 55 sports car.
Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components ...
By October 1986, GM had acquired a 91% stake in Group Lotus for £22.7 million, which allowed GM to legally force the company buyout. [16] On 27 August 1993, GM sold the company for £30 million, to A.C.B.N. Holdings S.A. of Luxembourg, a company controlled by Italian businessman Romano Artioli, who also owned Bugatti Automobili SpA.